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IFIC Releases Monthly Statistics for September 2017
Sources News Release

http://www.sources.com/Releases/NR2918.htm

Publisher:  The Investment Funds Institute of Canada (IFIC)
Date Written:  23/10/2017
Year Published:  2017  
Resource Type:  Article

Toronto, ON - October 23, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending September 30, 2017, the assets under management (AUM) for the mutual funds industry reached $1.43 trillion. AUM increased by $16.

Abstract:  Toronto, ON - October 23, 2017 - The Investment Funds Institute of Canada (IFIC) announces that for the month ending September 30, 2017, the assets under management (AUM) for the mutual funds industry reached $1.43 trillion. AUM increased by $16.8 billion or 1.2% compared to August 2017.

Net sales for the mutual funds industry were $1.6 billion. Net sales of long-term funds were $1.7 billion and net redemptions of money market funds were $97.6 million.

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